Call to Action Update: Support Transitional Licensing for MLOs

August 08, 2017 8:29 AM |
Anonymous

Good Morning:

Thank you for participating in our Call to Action in support of H.R. 2948, the SAFE Transitional License Act, which would amend the SAFE Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitioning between federally-insured depositories and non-depositories, as well as across state lines. Your efforts have helped secure 15 additional sponsors from both parties since the bill's introduction.

Last Thursday, Senators Dean Heller (R-NV) and Bob Menendez (D-NJ) announced the introduction of S. 1753, the Senate companion bill to H.R. 2948.

In order to convince congressional leaders to quickly advance this important proposal through the Senate Banking Committee and to the Senate floor, we must increase bipartisan support for the proposal.

You can help NOW by taking action and contacting your Senator to encourage him or her to cosponsor S. 1753!

If you encounter any issues, please contact Peter Shapiro at 202-557-2933 or pshapiro@mba.org. If you did not receive this Call to Action from maa@mba.org you may not have an active MAA membership. Please click here to sign up for MAA.

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